Business & Economy

SR150 million Al-Fursan industrial complex company established

ARAB NEWS|Published — Saturday 15 December 2012

Riyadh: Minister of Commerce and Industry, Tawfiq bin Fawzan Al-Rabiah approved today the establishment of Rabigh-based Al-Fursan International Industrial Complex Company with a capital of SR 150 million as a joint stock company.
The company deals in the production of ceramics, porcelains, sanitary wares, and table wares.
The capital is split into shares; the nominal value of a share is SR 10. The company’ shares have been subscribed by partners.
The Minister’s approval came within the framework of the State’s policy to enhance economic activities in various sectors.
--SPA